Word: budgeteering
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Dates: during 1970-1979
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Before leaving Washington, Carter tended to some last-minute domestic affairs. He nominated Businessman G. William Miller as Federal Reserve chairman and promoted James Mclntyre Jr. to Director of the Office of Management and Budget (see ECONOMY & BUSINESS). But Carter spent most of his time getting ready for his trip. Like any other tourist headed for Asia, he took pills to ward off malaria and was inoculated against cholera and typhoid. He pored over thick briefing books. He packed a copy of the Bhagavad Gita, a Hindu holy book...
...budget time approached early this winter, Andreotti proposed a new round of austerity to slash the towering public-spending debt. The unions, already angered by an unemployment total of 1.6 million workers, or 8% of the labor force, responded with a vengeance. Early in December more than 150,000 striking metalworkers marched on Rome to protest. Andreotti defended his economic package-a mix of new investments as well as new tariffs-but the union leaders rejected it and threatened to call a general strike in mid-January...
...more expectable decision. Carter named James T. Mclntyre Jr. his onetime budget director in Georgia, as head of the Federal Office of Management and Budget, succeeding Bert Lance (see story page 45). Thus the President completed his economic team on the eve of his departure for a seven-nation tour...
When large sports-oriented schools in the NCAA cut their budget by phasing out freshman teams in some sports during the early '70s, the Ivy League voted to retain freshman teams, Kaufmann added...
Yale summer term officials visited Harvard in December to study the Harvard program in hopes of salvaging the Yale summer term, Shinagel said. He cited Yale's $6 million budget deficit last year and a "general trend away from college summer sessions" as possible causes for the decline of Yale's summer term...